**(d)**All such insurance policies shall: (i) be with insurance companies of recognized responsibility, (ii) name Lessor as the insured owner with respect to the hull and
liability insurance and Lessee (and any Bank) as an additional insured with respect to the liability insurance, (iii) name Lessor as the sole loss payee with respect to any hull insurance (except as otherwise required by clause (iv)) and
(iv) shall comply with all other insurance requirements of Bank under any Aircraft Mortgage; *provided however,* that the parties agree that the Aircraft will be added to the hull and liability policies maintained by Lessee for
Lessee’s existing aircraft, with only such changes to the terms, conditions, coverages and limitations thereof as are required hereby or as are consented to by Lessor in writing. 

 The Aircraft shall not be operated by Lessee, nor shall Lessee allow the Aircraft to be operated by any other party, at any time, unless and until such insurance policies are in effect. Lessee
and Lessor shall consult with each other, from time to time, in determining any additional amounts of insurance that may be advisable with respect to the Lease Operations and the Aircraft. 

 13.        **SUBORDINATION; FILING OF
AGREEMENTS**. 

 **(a)        ALL RIGHTS OF LESSEE
HEREUNDER SHALL BE SUBJECT AND SUBORDINATE TO THOSE OF BANK UNDER ANY AIRCRAFT MORTGAGE. THIS AGREEMENT IS SUBJECT TO THAT CERTAIN CONSENT TO LEASE AND ASSIGNMENT, DATED MAY 16, 2008, BY AND AMONG LESSEE, LESSOR AND BANK
(the “Consent”).**